Concurrent Investment Advisors LLC Decreases Stake in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Concurrent Investment Advisors LLC lowered its stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 35.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 11,683 shares of the company’s stock after selling 6,518 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $991,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. MGO One Seven LLC raised its holdings in iShares MSCI EAFE Min Vol Factor ETF by 1.6% during the 3rd quarter. MGO One Seven LLC now owns 27,535 shares of the company’s stock valued at $2,336,000 after buying an additional 428 shares during the last quarter. MorganRosel Wealth Management LLC increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.1% in the third quarter. MorganRosel Wealth Management LLC now owns 40,826 shares of the company’s stock valued at $3,463,000 after acquiring an additional 440 shares during the period. Shore Point Advisors LLC raised its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 11.2% during the third quarter. Shore Point Advisors LLC now owns 42,357 shares of the company’s stock valued at $3,593,000 after acquiring an additional 4,254 shares during the last quarter. TCV Trust & Wealth Management Inc. boosted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.9% during the third quarter. TCV Trust & Wealth Management Inc. now owns 55,706 shares of the company’s stock worth $4,726,000 after purchasing an additional 1,587 shares during the period. Finally, HB Wealth Management LLC grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 19.6% in the third quarter. HB Wealth Management LLC now owns 17,358 shares of the company’s stock worth $1,472,000 after purchasing an additional 2,850 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of BATS:EFAV opened at $87.32 on Friday. The stock’s 50-day moving average is $86.21 and its 200 day moving average is $85.13. The company has a market cap of $5.70 billion, a PE ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a 1 year low of $69.19 and a 1 year high of $85.52.

About iShares MSCI EAFE Min Vol Factor ETF

The iShares MSCI EAFE Min Vol Factor ETF (EFAV) is an exchange-traded fund that is based on the MSCI EAFE Minimum Volatility (USD) index. The fund tracks an index of developed-market equities, ex-US and Canada, selected and weighted to create a low volatility portfolio subject to constraints including sector exposure. EFAV was launched on Oct 18, 2011 and is managed by BlackRock.